Rystad Energy: Oil Prices Lightly Fluctuate but Bullish Environment Persists
Even though oil prices are losing a few cents to the dollar today, the overall sentiment has lifted since yesterday and the market should see the forest for the trees, as overall market conditions remain bullish and – under the current oil supply status quo – oil valuation is on …
GD Energy Products: Opens a New International Sales Facility in Dubai
GD Energy Products (GDEP), the global provider of high-pressure pumps, parts and services, has opened a new international sales facility in Dubai, United Arab Emirates (UAE) to increase customer service and support capabilities across the Eastern Hemisphere. The new sales facility is located in Dubai’s Jebel Ali Free Zone and …
Baker Hughes Invests in Ekona Power to Accelerate the Delivery of a Lower-Carbon Hydrogen Production Solution
Baker Hughes, an energy technology company, has announced an investment in Ekona Power Inc., a growth stage company developing novel turquoise hydrogen production technology. Through its investment, Baker Hughes will enhance its broader hydrogen and natural gas decarbonization solutions portfolio, further contributing to the energy transition. This press release features …
Drilling Systems: Launches Crane and Lifting Simulators
Drilling Systems’ crane operator training simulators are the most innovative and flexible solutions available in crane and lifting training. The KraneSIM range meet and exceed various lifting standards ensuring trainees are exposed to a wide range of real-time scenarios that would otherwise take years to experience. OUR RANGE OF CRANE …
Expro Group Holdings N.V. Announces Unconsolidated Third Quarter 2021 Results for Legacy Expro and Frank’s
Expro Group Holdings N.V. today reported financial and operational results for Expro Group Holdings International Limited, and Frank’s International N.V. for the three and nine months ended September 30, 2021. Legacy Expro and Frank’s completed their merger on October 1, 2021 and consolidated combined company financial results under Expro Group …
Earth Science Analytics and Rockwash Geodata Ltd Announce Strategic Collaboration to Drive High-Value Realization from Dormant Digital Assets
Rockwash Geodata Ltd, an industry leading geological laboratory and services company, has announced a collaboration agreement with analytics and machine learning company Earth Science Analytics (ESA). The partnership will combine technical expertise and industry leading software, to transform vast quantities of dormant oil and gas data into high value digital …
TGT and Crayon Partner to Transform the Industry through Predictive Diagnostics
TGT Diagnostics and Crayon today announced an agreement to develop ‘predictive diagnostics’ for oil and gas operators. This new AI-powered capability will help operators target the use of their well intervention resources, minimise their carbon footprint and the occurrence of well integrity failures. “Operators devote significant energy and maintenance resources …
DTI’s E-Series E-Knuckle
DTI’s E-Knuckle allows easy passage through dog-legs or collapsed sections of tubing. Redress of all the DTI E-Series tools is very straight forward with electrical components replaced as complete cartridges. The reduced complexity increases reliability. Click the PDF link HERE to see more details of this product.
Vertex Downhole is proud to now offer its Real Time Data Transmission for the Orbit/Archer/X6/NeoSteer Rotary Steerable Tools!
Vertex’s downhole electronics and proprietary surface software enable real-time communication from the Orbit/Archer/X6/NeoSteer RSS tools via the Babel Fish wireless link creating the most complete and intuitive system on the market! Download the PDF HERE
Archer Limited: Third Quarter 2021 Results
Dag Skindlo, CEO of Archer, comments: “Our activity continues to increase, particularly within our Wireline segment which was positively impacted by the full quarter of new wireline scope and the full quarter with contribution from DeepWell. Revenue came in at $242 million, an increase of $15 million compared to the …